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Retail Space in Milford Square
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138-140 South Main Street, Milford, MA 01757

Retail spaces available in Milford, MA, from 1,200 to 8,800± SF.

Property Size50,205 SF
Days on Market263

Property Features for 138-140 South Main Street

General Information

Standard status Active
Size 50,205 SF
Property subtype Retail

Building Details

Building Size 50,205 SF
Year Built 1988

Properties For Sale

at 138-140 South Main Street Contact us

Unit 1A

Size
3,556 SF
Type
Strip Center
Term
60 - 120 months
Contact us

Unit 1B

Size
5,300 SF
Type
Strip Center
Term
60 - 120 months
Contact us

Unit 4

Size
2,000 SF
Type
Strip Center
Term
60 - 120 months
Contact us
Listing Agency: NAI Parsons Commercial Group Boston
Listed By: Marilyn Santiago · License #9030582
Source: Naiglobal
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 12 at 4:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Parsons Commercial Group Boston

Investment Insights

Based on property information with market context.

Milford Square offers new opportunities with spaces available from 1,200± SF to 8,800± SF, suitable for retail, education, recreational, medical, office, and flex uses. The property, located on Route 140 (South Main Street), comprises four single-story retail buildings totaling 50,025 SF. It is approximately 4 miles from Route 495 (Exit 46 or Exit 48). Milford, MA, a Boston suburb, is situated 27 miles SW of Boston, within the Boston Greater Metropolitan Area (Metrowest/495). The town features over 8 million square feet of retail, R&D, industrial, and office space, with major state routes 85, 109, 140, and 16 crossing through it. Milford has a small-town feel with proximity to Worcester, Boston, and Providence, large retail and commercial resources, and a regional hospital. The location sees over 118,000± annual visitors, with 21,000± employees working within a 3-mile radius. The property has a parking ratio of over 6.8 spaces per 1,000 SF. Existing tenants include Homefield Credit Union, Honey Dew Donuts, AT&T, The Garden Restaurant, ConnectEd & Inspired, and Blend Salon & Co. RMV Metrowest is coming in 2025. Traffic counts range between 12,500 - 13,700 ADT, with an anticipated 1% annual growth due to increased commercial activity, zoning changes, and proximity to medical facilities and commercial centers. Neighboring companies and retailers include Amazon, CVS, Planet Fitness, day care centers, medical offices and facilities such as Milford Regional Medical Center and the Dana Farber/Brigham & Women's Cancer Center, and banks.

Key Highlights

  • Versatile spaces available, from 1,200± SF to 8,800± SF, suitable for various uses.
  • Prominent location on Route 140 (South Main Street) with high traffic counts.
  • Convenient access to major routes including Route 495.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Garden Center Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,332
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
7,239 visits/mo 0.3 miles
BP Shops & Services
5,333 visits/mo 0.4 miles
Gulf Oil Shops & Services
4,224 visits/mo 0.1 miles
Berkshire Bank Shops & Services
2,158 visits/mo 0.3 miles

Demographics for 01757, MA

30,479
Population
11,833
Households
2.6
Avg Household Size
40
Median Age
34%
College-Educated
87%
High-School Grad
15.1 sq mi
ZIP Area
2,018
Density / Sq Mi
$92,951
Median Household Income
$47,975
Median Earnings
$1,702
Median Rent
$444,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Milford Square 138 S Main St, Milford, MA 01757

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in Milford, MA, from 1,200 to 8,800± SF.
Where is this shopping center located?
The property is located at 138-140 South Main Street Milford, MA.
What are key features of this property?
This property features: Versatile spaces available, from 1,200± SF to 8,800± SF, suitable for various uses.; Prominent location on Route 140 (South Main Street) with high traffic counts.; Convenient access to major routes including Route 495.
More about this property
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